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To exchange currency in a profitable way the most important thing is to predict whether the currency value will decrease or increase in the near future, and namely, the business news can help to make the right decision. On this page you will find the most important business news which in one way or another can influence the financial situation in the world.

MoveOn and other left-leaning groups are petitioning the FTC to break up Facebook

A group of left-leaning advocacy groups has launched an initiative to ask the Federal Trade Commission to break up Facebook's major social platforms.
Freedom from Facebook is a movement asking the FTC to force the social media giant to split its core platform, Instagram…

Eyes on the road! Your high-tech car can't drive for you yet, nor will it fly to Mars

Pay attention, people. Tesla's Autopilot and similar smart tech in new cars are meant to assist you. They do not, we repeat, not turn your vehicle into a self-driving car.
That point hit home big time last week in a suburb of Salt Lake City, where the 28-year-old woman…

The US Senate is scheduled to vote Wednesday, May 16 on whether to reverse the Federal Communications Commission's repeal of net neutrality rules.
Republican senators were hoping to avoid the vote, but Democrats are using a Congressional Review Act (CRA) resolution to f…

Amazon Prime prices are going up — here's what you get for $119 a year

Amazon said this week it would raise prices on its premium subscription membership product, Prime, from $99 to $119 per year on May 11.
But while the price hike seems steep, the program has a lot of goodies added since the last price increase in March 2014.
A big one is Amaz…

Whole Foods Slammed Over Yellow Fever Restaurant

Whole Foods opened a new Whole Foods 365 location in Long Beach, California, this week, and the company is facing intense criticism after it was revealed that the site includes a restaurant called Yellow Fever.
“Already ready for lunch? #YellowFeverEats has you covered…

King to leave job as Adidas North America president

Mark King, the popular and highly successful president of Adidas North America, is leaving the job.
The company made the surprise announcement early Tuesday that King will be replaced by Zion Armstrong, a 43-year-old New Zealander who has worked for the company since 1998.
K…

More than four months after the Federal Communications Commission voted to repeal net neutrality rules, the rules are technically still on the books, and we still don't know when they will die their final death.
If you think that's strange, you're not alone. H…

French media billionaire detained by police

One of France's richest men has been detained by police.
Vincent Bolloré, the chairman of a sprawling conglomerate with interests in media, logistics and energy storage, was taken into police custody on Tuesday as his company said it was facing an anti-corruption…

Supreme Court Upholds New Process for Challenging Patents

WASHINGTON—The U. S. Supreme Court on Tuesday upheld a new government process for challenging the validity of patents, cementing a method that technology companies have used to knock out patent protections for more than a thousand claimed inventions.
The court, in a 7-…

U.S. consumer confidence, housing data highlight economy's strength

WASHINGTON (Reuters) — U. S. consumer confidence rebounded in April and new home sales increased more than expected in March, pointing to underlying strength in the economy despite signs that growth slowed in the first quarter.
Other data on Tuesday also showed house p…

Harley-Davidson (HOG) investors are riding right into an interesting summer.
The iconic motorcycle maker posted first-quarter earnings of $1.24 a share, running over estimates for $1.11 a share. Earnings beat despite another challenging quarter for sales as the U. S. bike ma…

At Southwest Airlines, the Minutes After Disaster Struck

All Southwest Airlines senior executives were at a Dallas hotel for a day-long meeting on leadership development last week when suddenly phones blared in unison around the room: Flight 1380 was in serious trouble.
The team had a quick conference call with the airline’s…

The remains of Yahoo just got hit with a $35 million fine because it didn't tell investors about Russian hacking

AP Photo/Lionel Cironneau
In 2014, Yahoo was hacked by a state-sponsored actor identified as Russia.
Investors didn't learn about the incident until 2016.
The US Securities and Exchange Commission fined Altaba, the holding company that owns the remains of Yahoo, to sett…

Home prices are on an epic run

Home sellers are partying like it's 2006.
Real estate prices posted an annual gain of 6.3% in February, according to the latest S&P CoreLogic Case-Shiller Indices.
On a national level, home prices are up 6.7% from their peak in July 2006, and have been rising contin…

Business tax for affordable housing, homeless debated at City Hall

SEATTLE — Signs that have popped up around Seattle and placards at a City Hall hearing Monday night read, "Tax Amazon to build affordable housing. "
But the proposal for a head tax would also affect Merlino Foods because the restaurant distributor grosses mor…

Chicago Tribune staffers overwhelmingly back union

Journalists at the Chicago Tribune want a union. And they want it fast.
Less than two weeks after editorial employees at the newspaper told management they are preparing to organize, staffers took another big step toward forming a union on Tuesday, hand delivering a letter t…

Diet Coke's new flavors are a big hit

All Coca-Cola needed to do to rejuvenate Diet Coke was add some Feisty Cherry, Twisted Mango, Ginger Lime and Zesty Blood Orange. In skinny cans.
Diet Coke posted sales volume growth in North America during the first quarter, thanks in large part to those four new flavors. C…

Google-owner Alphabet's shares fall on rise in costs

(Reuters) — Shares of Google parent Alphabet Inc (GOOGL. O) lost more than 5 percent on Tuesday as a surge in costs drove what analysts said was its biggest ever contraction in gross margins, overshadowing strong first-quarter ad sales.
The dive in first-quarter operat…

DENVER (CBS4) — Thousands of ice pops from a distribution center in Denver have been recalled because of Listeria concerns.
According to the FDA, the Ziegenfelder Company of Wheeling, WV is voluntarily recalling approximately 3,000 cases of Budget $aver Cherry Pineappl…

Cheap wine is about to get a lot more expensive

The price of wine is going up.
Global wine production slumped to its lowest level in 60 years in 2017, according to data from the International Organisation of Vine and Wine.
The most recent harvest produced 25 billion liters of wine, a decrease from 26.7 billion in 2016 and…

Macron: New Iran Plan Would Block Nuclear Activity to 2025

Uber releases diversity stats seven months after new CEO joins
The share of women at Uber climbed two percentage points
Uber Technologies Inc. increased the number of women working in technology roles by 2.5 percentage points in the past year, but the company still lags behi…

Wells Fargo shareholders, executives and board were bracing Tuesday for protests at the company's annual meeting in Des Moines, Iowa.
It is the first time the San Francisco bank has held its meeting in the Midwestern city, where it is the largest employer. Last year…

Southwest Airlines's Near Crash Is A Warning Shot Across Our Bow

Southwest Airlines’s dramatic crash landing one week ago was an accident waiting to happen; and it should serve as a warning to us all about imprudent risk management in the airline industry.
PHILADELPHIA, PA — APRIL 17: In this National Transportation Safety Boa…

Stocks Fall Hard as Earnings Disappoint, Caterpillar Tumbles

Here Are 4 Hot Things to Know About Stocks Right Now
The Dow Jones Industrial Average fell on Tuesday, down for a fifth session. If the index closes lower it would mark its longest such streak since March 2017.
Leading laggards on the Dow were 3M Co, Caterpillar and Traveler…

Google's spending spree rattles Wall Street

Alphabet (GOOGL), the parent company of Google, racked up $7.7 billion in capital expenditures for the first three months of 2018 on everything from real estate to undersea cables.
The company reported strong growth in sales and profit for the quarter on Monday, fueled by th…

SEATTLE — The Seattle City Council held a public meeting Monday night over a proposal to tax the city’s biggest businesses and put the money toward fighting homelessness.
The question of whether it’s fair to saddle business with the cost stirred heated deba…

(Repeats to additional customers with no changes to text)
By Deena Beasley
LOS ANGELES, April 24 (Reuters) — The largest U. S. manager of prescription benefits is telling drugmakers that the current pricing model is broken, and taking aim at Amgen Inc and other makers…

U.S. Supreme Court upholds legality of patent review process

WASHINGTON (Reuters) — The U. S. Supreme Court on Tuesday gave its stamp of approval to a government review process prized by high technology companies as an easy and cheap way to combat “patent trolls” and others that bring patent infringement lawsuits.
Th…

Uber’s first diversity report under new CEO shows slight progress

Under the leadership of Travis Kalanick, Uber was late to the game in producing its first diversity report. Now, under the leadership of new CEO Dara Khosrowshahi, things are starting to look a bit different at Uber.
Uber has not only brought on a chief diversity officer but…

U.S. consumer confidence rebounds; new home sales rise

WASHINGTON (Reuters) — U. S. consumer confidence rebounded in April and new home sales increased more than expected in March, pointing to underlying strength in the economy despite signs that growth slowed in the first quarter.
Other data on Tuesday also showed house p…

FDA asks Juul if it markets e-cigs to teens, cracks down on retailers selling to minors

The Food and Drug Administration is asking the company behind leading e-cigarette brand Juul for information on how its products appeal to kids and teens, opening the door to possible enforcement actions.
The agency also put retailers on notice that it's performing unde…

Caterpillar Sales Jump on Strong International Demand

Caterpillar Inc. ’s CAT -2.94% sales jumped 31% in the first quarter as the heavy machinery giant reported continued strength in construction and mining markets around the world.
The Deerfield, Ill. -based maker of bulldozers, mining trucks and other equipment boosted…

Term Sheet -- Tuesday, April 24

Good morning, Term Sheet readers.
Uber’s second annual diversity report is out this morning.
Last year, Uber released its diversity numbers for the first time since its inception in 2009. While it’s diversity numbers weren’t particularly surprising, the tec…

Roku adds news to its free channel, including the new streaming network ABC News Live

Last fall, Roku launched its own channel to provide its cord-cutting customers with access to free movies and TV shows in a single destination. Today, it’s adding live news to its channel, too.
In partnership with ABC News and others, The Roku Channel will now feature…

Consumer confidence in April rebounds close to 18-year high

Getty Images
The numbers: Consumers confidence rebounded slightly in April with a small gain that put the index back near an 18-year high, suggesting the U. S. economy remains on sound footing despite fresh worries about trade tensions.
The consumer confidence index climbed…

Eddie Lampert's Latest Rescue Plan Won't Save Sears Holdings

Shares of Sears Holdings (NASDAQ:SHLD) surged on Monday after Eddie Lampert -- the company's chairman, CEO, and principal shareholder -- offered to acquire several pieces of the business via his hedge fund, ESL Investments. The goal would be to put Sears Holdings on a f…

Oil extends gains, with Brent tapping highs above $75 for first time in over 3 years

Getty
Oil prices extended their recent gains on Tuesday, with Brent crossing $75 for the first time since late 2014 as tensions between Saudi Arabia and Yemen heated up.
Speculation that U. S. sanctions on Iran will be put back in place in May also lifted crude futures, as t…

Home Prices Continued to Rise in February

Home-price gains accelerated in February for the 70th-consecutive month, creating increasingly challenging conditions for buyers as interest rates also rise and inventory remains tight.
The S&P CoreLogic Case-Shiller National Home Price Index, which covers the entire nat…

Spain's Palma to ban holiday rentals after residents' complaints

The Spanish resort city of Palma, on the island of Majorca, is to ban flat owners from renting their apartments to travellers, becoming the first place in Spain to introduce such a measure.
The restrictions follow complaints from residents of rising rents due to short holida…

YouTube Says Computers Are Catching Problem Videos

SAN FRANCISCO — The vast majority of videos removed from YouTube toward the end of last year for violating the site’s content guidelines had first been detected by machines instead of humans, the Google-owned company said on Monday.
YouTube said it took down 8.28…

U.S. Supreme Court upholds legality of patent review process

WASHINGTON (Reuters) — The U. S. Supreme Court on Tuesday gave its stamp of approval to a government review process prized by high technology companies as an easy and cheap way to combat “patent trolls” and others that bring patent infringement lawsuits.
Th…

Stocks give up gains as 3M and Alphabet roll over after earnings

Stocks slipped on Tuesday, giving up earlier gains, as losses in 3M and Google-parent Alphabet pushed staples and technology shares lower.
The Dow Jones industrial average traded 23 points lower as of 10:26 a. m. ET, with 3M as the worst-performing stock in the index. The S&…

Coke Finds Out That Americans Still Love Their Soda After All

Coca-Cola Co. has pushed into all sorts of new kinds of beverages -- from drinking vinegars to protein shakes. But a big source of growth this quarter came from a more familiar place: carbonated soft drinks.
Even as U. S. consumers reportedly move away from artificial sweete…

Yields on 10-Year Treasurys Cross 3% Threshold

Long-term U. S. government bond yields topped 3% for the first time in more than four years, a sign investors’ confidence in the stability of economic growth is outpacing fears about the longevity of the postcrisis expansion.
It is a climb with significant implications…

Retirees Forget Medical Costs When Planning for the Future

Most retirees never calculated the medical costs they could incur in retirement and some are losing confidence in entitlement benefits, according to the 2018 Retirement Confidence Survey.
The survey, by the nonpartisan Employee Benefit Research Institute and the research fir…

Takeda Makes Last-Gasp Move for Rival Drugmaker Shire

Takeda Pharmaceutical Co. TKPYY -3.16% on Tuesday made a fifth takeover proposal for rival drugmaker Shire SHPG 2.70% PLC, a last-ditch move by the Japanese company that would likely value the rare-drug specialist at more than $60 billion.
In separate statements Tuesday, nei…

Lockheed Martin on Tuesday bumped up its 2018 forecast and reported strong first-quarter earnings on the back of steady business with the Pentagon.
The defense contractor beat Wall Street's earnings per share expectation by 62 cents, with three of the company's fou…

Wells Fargo's 20-month nightmare

Wells Fargo may face an angry crowd at its shareholder meeting Tuesday in Iowa.
Investors are pushing proposals to rein in (WFC), and activists are organizing protests slamming the bank for countless consumer abuses.
They have a lot to complain about. Over the past year and…

Oil tops $75 on supply cuts, prospect of Iran sanctions

LONDON (Reuters) — Oil rose above $75 a barrel on Tuesday to its highest since November 2014 before paring some gains, supported by OPEC-led production cuts, strong demand and the prospect of renewed U. S. sanctions on Iran.
Brent crude, the global benchmark, rose to i…